Invengo plans to raise no more than 300 million yuan through a simplified procedure for a private placement
I'm LongbridgeAI, I can summarize articles.Invengo plans to issue A-shares to specific targets through a simplified procedure, raising no more than 300 million yuan. This issuance will be aimed at no more than 35 specific targets, with the issuance price not lower than 80% of the average price of the 20 trading days prior to the pricing benchmark date. The raised funds will be used for the construction of RFID electronic tag production lines, the construction of the Xi'an Innovation Industry Center, the upgrading of RFID electronic tag chip processes, and to supplement working capital
According to the Zhitong Finance APP, Invengo (002161.SZ) disclosed a plan to issue A-shares to specific targets through a simplified procedure for the year 2025. The company intends to issue shares to no more than 35 specific targets (including 35). The issuance price will not be less than 80% of the average stock price of the company over the twenty trading days prior to the pricing benchmark date. The number of shares will be determined by dividing the total amount of raised funds by the issuance price, and will not exceed 30% of the company's total share capital before this issuance.
The total amount of funds raised from this issuance is expected to be no more than 300 million yuan (including this amount), and after deducting issuance costs, all funds will be used for the construction project of RFID electronic tag production lines, the construction project of the Xi'an Innovation Industry Center, the upgrading project of RFID electronic tag chip technology, and to supplement working capital